S&P Downgrades Chesapeake Energy (CHK) to 'SD'; Notes Recent Debt-for-Equity Exchange

Stocks with call strike movement; FCX CHK

June 9, 2016 10:46 AM EDT

RT Options Scanner shows: Freeport McMoRan (NYSE: FCX) August 13 call option implied volatility increased 5% to 65, Chesapeake (NYSE: CHK) October 5.50 call option implied volatility increased 3% to 88 according to IVolatility

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Wall Street retreats with oil prices after three-day rally

June 9, 2016 7:28 AM EDT

By Caroline Valetkevitch

(Reuters) - U.S. stocks retreated on Thursday after three days of gains as oil prices fell and global growth worries drove investors to safer assets like bonds.

Energy shares declined 0.5 percent as crude oil prices also snapped a three-day streak of gains, while the more defensive S&P utilities index rose 0.9 percent, leading sector gains.

"It was a cautious tone investors took, investing in utilities and other high-dividend stocks and selling some more volatile sectors and securities, like small caps," said Tim Ghriskey, chief investment officer of Solaris Group in... More

RBC Capital Downgrades Chesapeake Energy (CHK) to Underperform

June 9, 2016 6:40 AM EDT

RBC Capital downgraded Chesapeake Energy (NYSE: CHK) from Sector Perform to Underperform with a price target of $5 (unchanged).

For an analyst ratings summary and ratings history on Chesapeake Energy click here. For more ratings news on Chesapeake Energy click here.

Shares of Chesapeake Energy closed at $4.97 yesterday.

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Oklahoma medical examiner rules oilman McClendon's deadly crash an accident

June 8, 2016 11:51 AM EDT

By Heide Brandes

OKLAHOMA CITY (Reuters) - The fiery crash that killed U.S. oilman Aubrey McClendon in March after his car hit a wall was an accident, Oklahoma's medical examiner said on Wednesday, echoing a police inquiry's findings a day earlier that there was no evidence of suicide.

The examiner said he died of "multiple blunt force trauma" and his corpse suffered "extensive thermal burns and... More